Solana Overhyped — Unlikely to Power Large-Scale dApps
I believe Solana has no chance of producing a dApp that could replace a service like Uber — when I say no chance, I mean absolutely none. Solana is overhyped and, in my view, technologically behind what’s required for large-scale consumer applications.
The recent price rise is driven by hype and investors who don’t understand the tech rather than by real, widely used dApps. I think Chromia is more likely to enable large-scale applications and will shift investor focus when that happens.
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Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.